How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask TaxTom Your Own Question

TaxTom
TaxTom, Internet Researcher
Category: General
Satisfied Customers: 2342
Experience:  Years of experience of finding questions for employeers, family and friends.
21049508
Type Your Question Here...
TaxTom is online now
A new question is answered every 9 seconds

I was wondering if anyone might know the value of a 1989 1oz.

Resolved Question:

I was wondering if anyone might know the value of a 1989 1oz. Canadian $50 9999 pure gold coin. Thanks!
Submitted: 4 years ago.
Category: General
Expert:  TaxTom replied 4 years ago.
Hello, Can you tell me if this coin is a $50.00 Gold Maple Leaf? Thanks Tom
Customer: replied 4 years ago.

Hi, yes sir, it has the maple leaf on one side and Queen Elizebeth on the other. I have two 1989's and a 1983. They are not in mint condition but are in good condition. My grandpa left them to me.

He also left me two five ounce bars. Do you know were I would be able to cash them in? I bank with Bank of America. Maybe they have a gold dept./building?

The coins, are probably a coin collector shop sale, I am guessing. I am clueless here and appreciate any info you have for me. Thanks a lot. Amos

Expert:  TaxTom replied 4 years ago.

Hell again, The spot price on Gold is currently around $1200 per ounce and you would expect to sell it at discount to a trader at 5 to 10% below this price. So you would sell for between $1080 and $1140 per ounce for the gold bars to a dealer. So each 5 ounce bar would be worth over $5,000. The Maple leaf would have a normal retail value of around $1,300 and would be discounted for its condition but still would be worth no less than 1 ounce of gold. Bank of America shows a precious metals department but I can find no information for them , they may deal only in commodities and not in real assets. Locally the best place to sell gold is larger jewelry stores. I would still contact your bank for recommendations locally. Absolutely never advertise gold for sell in newspapers or online, it is too dangerous. Here is a link to Bloomberg which will give you the market price of gold, look at the bottom of the page under precious metals.

http://www.bloomberg.com/markets/commodities/cfutures.html

Thank You Tom Please click accept.

TaxTom, Internet Researcher
Category: General
Satisfied Customers: 2342
Experience: Years of experience of finding questions for employeers, family and friends.
TaxTom and 126 other General Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Ron

    ASE Certified Technician

    Satisfied Customers:

    21783
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
< Last | Next >
  • http://ww2.justanswer.com/uploads/FO/fordguy4u/2011-12-17_222940_HPIM1257.64x64.JPG Ron's Avatar

    Ron

    ASE Certified Technician

    Satisfied Customers:

    21783
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
  • http://ww2.justanswer.com/uploads/lyeung1/2010-07-25_032152_tn_IMG_0241.JPG Dr. Y.'s Avatar

    Dr. Y.

    Urologist

    Satisfied Customers:

    18790
    I am fellowship trained specializing in general urology and reconstructive urology.
  • http://ww2.justanswer.com/uploads/docjohn174/2008-12-13_170143_johnask.jpg John's Avatar

    John

    Home Appliance Technician

    Satisfied Customers:

    13453
    Appliance repair business owner for over 43 years.
  • http://ww2.justanswer.com/uploads/MU/multistatelaw/2011-11-27_173951_Tinaglamourshotworkglow102011.64x64.jpg Tina's Avatar

    Tina

    Lawyer

    Satisfied Customers:

    8681
    JD, BBA Over 25 years legal and business experience.
  • http://ww2.justanswer.com/uploads/dermdoc19/2010-09-30_160749_Photo_122807_015.JPG dermdoc19's Avatar

    dermdoc19

    Dermatologist

    Satisfied Customers:

    3954
    30 years practice in general and cosmetic dermatology
  • http://ww2.justanswer.com/uploads/BI/birddoctor/2012-6-22_173214_birddoctor.64x64.png Dr. Pat's Avatar

    Dr. Pat

    Bird Veterinarian

    Satisfied Customers:

    3464
    25+ years working primarily or exclusively with birds
  • http://ww2.justanswer.com/uploads/RY/rydergar/2012-6-6_192240_IMG0328.64x64.JPG Dr. Gary's Avatar

    Dr. Gary

    Cat Veterinarian

    Satisfied Customers:

    3423
    DVM, Emergency Veterinarian, BS (Physiology)
 
 
 

Related General Questions

Chat Now With An Expert
TaxTom
TaxTom
Accountant
326 Satisfied Customers
Years of experience of finding questions for employeers, family and friends.